OTC Derivatives Operations Analyst ensures accurate settlement and reconciliation while managing discrepancies and ensuring compliance.

Full operational support to OTC Derivatives traded globally. Exposure to high daily volumes and large amounts.   Ensure timelines and service delivery standards are continually achieved. Risk mitigation and escalation of issues in a timely manner. Comply with policies, procedures and controls at all times for the safety of company and clients. Partnerships with multiple groups within the company such as technology, finance and other operation teams. Identify opportunities for process improvements and value-added initiatives.

 

Responsibilities include:

Confirmation with clients of amounts to be settled in relation of coupons payments for Interest, Credit or Equity derivative trades; Pre-settlement investigations of discrepancies between client´s and JPM calculations. Analysis of trade documentation to identify differences and follow up for resolution.  Management of client´s settlement instructions  Post-settlement investigations of differences. Follow up with internal and external clients to close open breaks.  Creation of daily/weekly metrics report for outstanding open breaks.  Proactive ownership of problem solving for clients – own end-to-end issue resolution. Ensure timelines and client service delivery standards are continually achieved.  Creation of your own relationship with the different teams that you interact with (Counterparties / Front Office / Middle Office ), partner with them on a day-to-day basis to perform more efficiently. Escalating issues in a timely manner. Build a culture of transparency and open, honest & clear communication.

 

Qualifications include:

Bachelor’s degree (or in the last year of study) from leading academic institution. Fluent in English: Yes Knowledge of MS Office package: Yes Strong analytical and problem solving skills. Attention to detail.